Showing 1 - 10 of 18,964
Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …
Persistent link: https://www.econbiz.de/10011342391
the "competition effect", by which desired price markups and inflation decrease when entry rises. We find that a 1 percent …
Persistent link: https://www.econbiz.de/10010391305
Using data from the U.S. automobile market, we empirically examine the link between competition and innovation … this an interesting market to examine the link between competition and innovation. We use firm-level time-series data over … patenting, and the relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting …
Persistent link: https://www.econbiz.de/10011388173
the 'competition effect', by which desired price markups and inflation decrease when entry rises. We find that a 1 percent …
Persistent link: https://www.econbiz.de/10010368526
This paper develops a one-sector real business cycle model in which competitive firms allocate resources for the production of goods, investment in new capital, and maintenance of existing capital. Firms also choose the utilization rate of existing capital. A higher utilization rate leads to...
Persistent link: https://www.econbiz.de/10005498407
We construct a two-country DSGE model with multiple stages of processing and local currency staggered price-setting to study cross-country quantity correlations driven by monetary shocks. The model embodies a mechanism that propagates a monetary surprise in the home country to lower the foreign...
Persistent link: https://www.econbiz.de/10005515076
the 'competition effect', by which desired price markups and inflation decrease when entry rises. We …find that a 1 …
Persistent link: https://www.econbiz.de/10010982234
frequencies, but not over the business cycle. Finally, we show that imperfect competition and, to a lesser extent, technological …
Persistent link: https://www.econbiz.de/10005726641
Persistent link: https://www.econbiz.de/10012106790
Market integration is key to ensuring sufficient and stable food supplies. This paper assesses the impediments to market integration in Central and Eastern Africa for three food staples: maize, rice, and sorghum. The paper uses a large database on monthly consumer prices for 150 towns in 13...
Persistent link: https://www.econbiz.de/10010886737